Uploaded on Apr 20, 2020
All About Farmer Producer Organization
All About Farmer Producer Organization
All About Farmer
Producer Organization
Introduction
• A Producer Organization (PO) is a lawful element framed by essential makers,
viz. ranchers, milk makers, anglers, weavers, provincial craftsman, skilled
workers.
• A FPO can be a producer organization, a helpful society or whatever other
authoritative document which accommodates sharing of benefits/benefits
among the individuals.
Source: Google Images
Who can own?
• Any individual or organization can start a PO.
• Singular people or organizations may advance PO utilizing their own assets
out of altruism or with the honorable goal of financial improvement of
makers
Source: Google Images
Can Non-Farmers Join?
• The PO is an association of the essential makers. In the event that the
produce being referred to is a nonfarm thing (for instance, handloom or
workmanship), at that point the PO will be that of non-farmers.
• The goal of the PO is to guarantee better salary acknowledgment to its
individuals.
Source: Google Images
Responsibilities of FPO
• The responsibility for the PO is with its individuals. It is an association of the
makers, by the makers and for the makers.
• At least one organizations and additionally people may have advanced the PO
by method for aiding activation, enlistment, business arranging and tasks.
Source: Google Images
Legal Acts and Documents:
• Helpful Societies Act/Autonomous or Mutually Aided Cooperative Societies
Act of the individual State
• Multi-State Cooperative Society Act, 2002
• Maker Company under Section 581(C) of Indian Companies Act, 1956, as
corrected in 2013
• Segment 25 Company of Indian Companies Act, 1956, as changed as Section
8 of every 2013
• Social orders enlisted under Society Registration Act, 1860
• Open Trusts enlisted under Indian Trusts Act, 1882
Essentials:
• Following joining, a PO needs to get a PAN number from the Income Tax
Department and TIN number from the Commercial Tax Department to
complete business.
• Likewise, the organization needs to enroll itself for Service Tax from
Commercial Tax Department and VAT from Excise office.
Source: Google Images
Vision and Mission
• The vision and crucial the PO is significant for the Board Directors just as
other staff.
• Making an incentive to the individuals by taking care of existing issues in the
worth chain, showcasing and sensible portion of value acknowledgment in
the rupee spent by the buyer on the individuals' produce, ought to be the
core interest.
Source: Google Images
Support from NABARD:
• Credit as well as award support for setting up of promoting foundation
offices available to be purchased of produce.
• Backing for advertising through provincial haat and country shop which had
just been built up through NABARD support.
• NABARD may encourage tie-ups with purchasers for Producers Organization's
produce.
• Through existing plans of National Horticulture
Mission and Ministry of Agriculture, NABARD
may bolster production of framework at every
possible opportunity.
Source: Google Images
Support from GOI
• Preparing establishments upheld by the Ministry or Rural
Development, Government of India
• Legislature of India offers budgetary help to SFAC for its
Equity Grant and Credit Guarantee Fund Scheme for the
Farmer Producer Company.
• CAPART, Ministry of Rural Development likewise works plots
through which support for certain exercises can be acquired
by the PO.
Source: Google Images
Who are Board of Directors (BoD)?
• Board of Directors are elected by the members.
• Board of Directors may act collectively only through meetings.
Source: Google Images
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